Which of the Following Statements Is False

question 30

Multiple Choice

Which of the following statements is false?

• A) The ethics of care is consistent with a Marxist theory of justice since both emphasize need.
• B) Utilitarian theories try to maximize societal good, thus some balance of need and merit would be necessary to provide the incentive to produce.
• C) Ethical formalism is concerned solely with rights, thus, issues of societal good may not be as important.
• D) Rawls's theory is solely Kantian because it demands a basic level of individual rights.

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Definitions:

Revenue

The sum of earnings from selling goods or providing services which are fundamental to a company's core business activities.

Profit-Maximizes

The procedure an enterprise employs to find the optimal price and output level for maximum profit.

Long Run Adjustment

The process through which firms adjust their levels of production, capital, and other inputs to reach a new equilibrium in response to changes in market conditions over time.

Organic

Refers to products, especially food or farming methods, that are produced or conducted without the use of synthetic chemicals, fertilizers, or genetically modified organisms.